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5 N Washington St, Summerville, GA 30747-1762 · Chattooga County
Cancelled · Was scheduled for June 2, 2026
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For this property only. Prepared by our title team and emailed to you.
An illustrative scenario from your assumptions, not an estimate for this property.
Profit as a percentage of the total cost of the deal, earned over the 180-day hold. Not a yearly rate.
Example values, not estimates for this property.
Maximum bid for this scenario
$165,183
The highest bid that still returns 20% on all-in cost under the assumptions below. Higher repairs or a higher target lower it.
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L5 Reynolds T. Butler 610 04-28-2025 NOTICE OF SALE UNDER POWER CONTAINED IN SECURITY DEED 5-07 STATE OF GEORGIA COUNTY OF CHATTOOGA Pursuant to a power of sale contained in a certain security deed executed by Reynolds T. Butler and Cheri N. Butler, hereinafter referred to as Grantor, to Josephine M. Mabray recorded in Deed Book 714, page 582, of the deed records of the Clerk of the Superior Court of the aforesaid state and county, and by virtue of a default under the terms of said security deed, and the related note, the undersigned attorney-in-fact for the aforesaid Grantor (which attorney-in-fact is the present holder of said security deed and note secured thereby) will sell at the usual place of conducting Sheriff's sales in said county within the legal hours of sale, to the highest bidder on the first Tuesday in June 2026, all property described in said security deed including but not limited to the following described property: ALL THAT TRACT OR PARCEL OF LAND LYING AND BEING IN LAND LOT NO. 52 IN THE 6TH DISTRICT AND 4TH SECTION OF CHATTOOGA COUNTY, GEORGIA, BEING IN THE CITY OF SUMMERVILLE AND BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS; BEGINNING AT AN ESTABLISHED CORNER ON THE EAST SIDE OF CEMETERY STREET, SAID POINT BEING THE NORTHWEST CORNER OF PROPERTY SOLD TO HERSHEL C. GASS AND BEAUTY L. GASS BY FAY J. PLEDGER RECORDED IN DEED BOOK 34, PAGE 436, OF CHATTOOGA COUNTY DEED RECORDS; THENCE NORTHEASTERLY 105 FEET TO A POINT; THENCE SOUTH 120 FEET TO A POINT; THENCE WEST 105 FEET TO A POINT ON THE EAST SIDE OF CEMETERY STREET; THENCE NORTH ALONG THE EAST SIDE OF CEMETERY STREET 100 FEET TO THE POINT OF BEGINNING. SAID PROPERTY IS BOUNDED ON THE WEST BY CEMETERY STREET; ON THE NORTH BY SUMMERVILLE CEMETERY; ON THE EAST BY PROPERTY NOW OR FORMERLY OWNED BY SELMANS; AND ON THE SOUTH BY LANDS NOW OR FORMERLY OWNED BY WILBURN HUDSON. Said legal description being controlling, however, the Property is more commonly known as: 5 North Washington St., Summerville, GA 30747 Said property will be sold on an as-is basis without any representation, warranty or recourse against the above-named or the undersigned. The sale will be subject to the following items which may affect the title: any outstanding ad valorem taxes (including taxes which are a lien but not yet due and payable); any matters which might be disclosed by an accurate survey and inspection of the property; any assessments, liens, encumbrances, zoning ordinances, restrictions, and all other matters of record superior to the said Security Deed. The sale will be conducted subject (1) to confirmation that the sale is not prohibited under the U.S. Bankruptcy Code and (2) to final confirmation and audit of the status of the loan with the holder of the Security Deed. First National Bank of America is the entity with authority to negotiate, amend and modify the terms of the Note and Security Deed. First National Bank of Americas address is 241 East Saginaw, East Lansing, MI 48826. First National Bank of America may be contacted by telephone at 800-642-4578. To the best of the undersigned's knowledge and belief, the party in possession of the property is believed to be Reynolds T. Butler and Cheri N. Butler, or tenant(s). First National Bank of America, as Transferee, Assignee, and Secured Creditor As attorney-in-fact for the aforesaid Grantor CB Legal, LLC Attorneys at Law 10882 Crabapple Road Roswell, GA 30075 (770) 392-0041 25-7898F1 THIS LAW FIRM MAY BE HELD TO BE ACTING AS A DEBT COLLECTOR, UNDER FEDERAL LAW. IF SO, ANY INFORMATION OBTAINED WILL BE USED FOR THAT PURPOSE.
Recorded from 1 source. First recorded May 12, 2026. Record as of October 26, 2026. About this data & licence
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